Apple Inc. (AAPL)
On Wednesday September 25th, NewStreet Research (Analyst Rank # of 361) issued a research report on Apple and has reiterated its “Neutral” rating, while maintaining its price target at $225..
Stock Forecast & Analysis
Based on the collective insights from 33 analysts, Apple Inc.’s stock forecast presents an average target price of USD 227.06 over the next 12 months. Here’s a breakdown of what this means:
Analyst Ratings and Target Prices
- Average Target Price: The average target of USD 227.06 is slightly below the last closing price of USD 227.37, suggesting that analysts expect the stock to remain relatively stable or decline slightly in the near term. This close proximity indicates a consensus among analysts about the stock’s current valuation.
- Analyst Rating: The average analyst rating is categorized as “Buy,” which reflects a general confidence in Apple’s growth potential. This rating suggests that analysts believe Apple’s fundamentals and market position warrant investment, indicating potential upside from the current price level.
Stock Target Advisor Analysis
- Bullish Sentiment: Stock Target Advisor’s analysis labels Apple as Bullish, supported by 12 positive signals against 5 negative signals. Positive signals may include strong earnings reports, product innovations, or market expansion, while negative signals could stem from competitive pressures or economic concerns. This bullish sentiment reinforces the buy rating from analysts, suggesting optimism about Apple’s future performance.
Recent Stock Performance
- Weekly and Monthly Changes: Apple’s stock has experienced a +4.88% change over the past week, indicating strong short-term momentum. A +0.23% change over the past month shows relatively stable performance, suggesting minor fluctuations but no significant downturns.
- Yearly Performance: The +30.08% increase over the last year reflects robust long-term growth. This impressive annual gain likely results from strong product sales, successful market strategies, and overall confidence in Apple’s business model.
Outlook
The consensus among analysts indicates a positive outlook for Apple Inc., bolstered by solid historical performance and a generally favorable market position. The combination of a bullish rating from Stock Target Advisor and the average buy rating from analysts suggests that investors may find value in holding or acquiring Apple stock, particularly in light of its steady growth trajectory over the past year.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
